Bollcoin reported on October 22 that the GMX governance forum published the GMLabs-003 proposal, which plans to use all remaining protocol revenue on the Solana side, after deducting GT buybacks, to buy back GMX. The purchased tokens will be added to the staking reward pool, while the GT buyback mechanism remains unchanged. The proposal also plans to introduce a 180-day unstaking waiting period for existing and new GMX and esGMX staking positions on Arbitrum and Avalanche, calculated from the time the unstaking request is submitted, with previously staked time not counted. Pending requests can be canceled, and existing positions do not need to be migrated. The above adjustments are planned to be implemented on October 28, depending on implementation readiness.